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Atlanta, GA – June 7, 2021 – Cardlytics, Inc. (NASDAQ: CDLX), one of the largest digital advertising platforms, today announced the appointment of Peter Chan as its Chief Technology Officer. Chan joins Cardlytics from Amazon to lead all engineering and technology as the company continues its evolution and integration following the recent Dosh and Bridg acquisitions. Based in San Francisco, Chan will lead the technology organization as it continues to transform the Cardlytics self-service advertising platform to empower marketers and enhance the bank customer experience. Prior to joining Cardlytics, Chan worked at Amazon as the Director of Product Management and Engineering for its advertising services group, in addition to serving in various leadership roles throughout his 15-year tenure with Yahoo.

“I couldn’t be more excited to be joining Cardlytics, an advertising platform that solves real marketer problems with customer-centric tech innovation,” said Peter Chan. “The recent acquisitions of Dosh and Bridg opens an entirely new dimension of what we can achieve for brands, financial services, and their shared customers. I look forward to supporting the team in finding new ways to iterate and evolve the product, engineer for empathy, and power an even greater, data-safe marketing solution for the advertising community.”

“Over the past 18 months, we’ve expanded our team by more than one hundred employees, with key senior hires - like Peter - joining with experience from top tech companies, including Amazon, Facebook, Pinterest, and Google,” said Lynne Laube, Cardlytics CEO and Co-Founder. “Peter’s expertise in this space makes him an incredible asset as we continue to evolve our platform to create long-term value for our advertisers and financial services partners. I’m thrilled to welcome him to Cardlytics.”

Most recently, Chan was the Director of Product Management and Engineering at Amazon. In that role, Chan was responsible for leading product management, engineering, and applied science to scale while driving growth of the global marketplace for Amazon Advertising. Prior to that experience, Chan was VP, Engineering at Yahoo and served in various leadership roles during his 15 years with the tech company, working across priority projects like the Gemini Ad Network, Yahoo Ad Exchange, and the Yahoo Search Marketing platform all while increasing responsibility within the engineering department and leading global teams.

With the acquisition of Dosh and Bridg, Cardlytics strengthened its technology and marketing services for advertisers to better connect with its engaged audience of more than 168 million monthly active users. This metric puts the platform on par with some of the biggest players in the digital marketing space, including Facebook, Amazon and Google. Cardlytics also has purview into 1 in 2 card swipes across the United States and powers $3.4 trillion dollars in annual spend across its partners.

About Cardlytics

Cardlytics (NASDAQ: CDLX) is a digital advertising platform. We partner with financial institutions to run their rewards programs that promote customer loyalty and deepen relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach, and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, Los Angeles, San Francisco, Austin, and Visakhapatnam. In March 2021, Cardlytics acquired Dosh, a transaction-based advertising platform. In May 2021, Cardlytics acquired Bridg, a customer data platform. Learn more at www.cardlytics.com.

Atlanta, GA – June 2, 2021 – Cardlytics, Inc., (NASDAQ: CDLX), one of the largest digital advertising platforms, today announced it will present at the BofA Securities 2021 Global Technology Conference.

Chief Executive Officer and Co-Founder, Lynne Laube, and Chief Financial Officer, Andy Christiansen, will present on Wednesday, June 9, 2021 at 3:15 p.m. Eastern Time and it will be webcast live. The live audio webcast will be available on the Cardlytics Investor Relations website at http://ir.cardlytics.com/. After the event, an archive of the webcast will also be available for a limited time on the Cardlytics Investor Relations website.

About Cardlytics

Cardlytics (NASDAQ: CDLX) is a digital advertising platform. We partner with financial institutions to run their rewards programs that promote customer loyalty and deepen relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach, and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, Los Angeles, San Francisco, Austin and Visakhapatnam. In March 2021, Cardlytics acquired Dosh, a transaction-based advertising platform. In May 2021, Cardlytics acquired Bridg, a customer data platform. Learn more at www.cardlytics.com.

Atlanta, GA – May 14, 2021 – Cardlytics, Inc., (NASDAQ: CDLX), one of the largest digital advertising platforms, today announced it will present at the 16^th Annual Needham Virtual Technology & Media Conference.

Chief Executive Officer and Co-Founder, Lynne Laube, and Chief Financial Officer, Andy Christiansen will present on Tuesday, May 18, 2021 at 3:45 p.m. Eastern Time and it will be webcast live. The live audio webcast will be available on the Cardlytics Investor Relations website at http://ir.cardlytics.com/. After the event, an archive of the webcast will also be available for a limited time on the Cardlytics Investor Relations website.

About Cardlytics

Cardlytics (NASDAQ: CDLX) is a digital advertising platform. We partner with financial institutions to run their banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach, and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, Los Angeles, San Francisco, Austin and Visakhapatnam. In March 2021, Cardlytics acquired Dosh, a transaction-based advertising platform. In May 2021, Cardlytics acquired Bridg, a customer data platform. Learn more at www.cardlytics.com.

ATLANTA, June 03, 2021 -- Cardlytics, Inc. (NASDAQ: CDLX), one of the largest digital advertising platforms, will host a virtual Investor Day on Thursday, June 10. The company's executive team is scheduled to begin presentations at 9:30 a.m. ET. The Investor Day is expected to last approximately four hours.

Presenting executives and key topics to discuss will include:

• Lynne Laube, Co-Founder & Chief Executive Officer and Andy Christiansen, Chief Financial Officer
• Opening remarks
  
• Michael Akkerman, Chief Product & Strategy Officer
• New user experience and self-serve platform targets
• Bridg and Dosh supplemental efforts for the Cardlytics core product
  
• Ross McNab, President of North America Advertising
• Sales deep dive, including integration strategies for Dosh and Bridg
• Progress and opportunities with advertising agencies and CPGs
  
• Farrell Hudzik, Executive Vice President, Financial Institutions
• New opportunities with top bank partnerships and neo banks
  
• Peter Gleason, President of International Operations
• International business update
• Open Banking and new pilot opportunities
  
• Amit Jain, Founder and Chief Executive Officer of Bridg
• Bridg platform overview
• Future vision for Cardlytics and Bridg

To register in advance, visit the event link on the Cardlytics investor relations website. The event can also be accessed on June 10 through a live webcast, which will be available on Cardlytics’ investor relations website at ir.cardlytics.com. A replay will also be archived on this website.

About Cardlytics
Cardlytics (NASDAQ: CDLX) is a digital advertising platform. We partner with financial institutions to run their rewards programs that promote customer loyalty and deepen relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach, and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, Los Angeles, San Francisco, Austin, and Visakhapatnam. In March 2021, Cardlytics acquired Dosh, a transaction-based advertising platform. In May 2021, Cardlytics acquired Bridg, a customer data platform. Learn more at www.cardlytics.com.

Atlanta, GA – May 18, 2021 – Cardlytics, Inc., (NASDAQ: CDLX), one of the largest digital advertising platforms, announced today that it will host a virtual Investor Day on Thursday, June 10, 2021.The company's executive team is scheduled to begin presentations at 9:30 a.m. ET. Presenting executives include:

• Lynne Laube, Co-Founder & CEO
• Andy Christiansen, Chief Financial Officer
• Ross McNab, President of North America Advertising
• Michael Akkerman, Chief Product & Strategy Officer
• Farrell Hudzik, Executive Vice President, Financial Institutions

The event can be accessed through a live webcast, which will be available on Cardlytics’ investor relations website at ir.cardlytics.com. A replay will also be archived on this website.

About Cardlytics

Cardlytics (NASDAQ: CDLX) is a digital advertising platform. We partner with financial institutions to run their banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach, and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, Los Angeles, San Francisco, Austin and Visakhapatnam. In March 2021, Cardlytics acquired Dosh, a transaction-based advertising platform. In May 2021, Cardlytics acquired Bridg, a customer data platform. Learn more at www.cardlytics.com.

There is a vital revolution going on in the digital world. A revolution to add value for customers.

From a smoother experience when online shopping, to the way we use public transport through apps, over recent years we’ve seen significant steps forward in the fintech world, designed to make our lives easier, quicker, more efficient, and better value.

Banking is no different. This year, consumers have demanded more value from their banks and here at Cardlytics, we’re stepping up to make it a reality.

Being part of this revolution means marrying digital developments and a desire for convenience with consumer rewards, it’s what Cardlytics was created to do. That’s why we’re proud to be partnering with our first ever digitally native fintech brand, Curve, to bring them and their customers the full benefits of Cardlytics’ rewards model.

Our model is designed to give consumers the value they want, future partners the engagement they need, and brands the customer loyalty they crave. This ethos is more important than ever as we set our feet back on the high street.

An exciting player in the fintech scene, Curve combines multiple cards and accounts into one smart card and even smarter app. The unique Curve card allows customers to supercharge their existing banks to the 21st century without ever leaving their bank.

Our partnership will connect Curve’s one million UK customers with our growing roster of over 100 much-loved high-street brands, including Pret a Manger, JustEat, FatFace, Harvey Nichols and Cult Beauty, offering an extensive range of rewards carefully personalised to develop loyalty and improve engagement.

In turn, we’ll have a secure and anonymised view into where and when consumers are spending their money and use these insights to help brands identify, reach, and influence likely buyers at scale, to convert browsers into buyers and occasional shoppers into brand loyalists.

It’s a win-win-win for the consumer, Curve and our roster of brands.

This launch is good news for all. There is healthy tension with every partner striving to deliver the most value and best experience to their customers and this partnership and the new developments Cardlytics is making to the platform can ensure differentiation and customer experience is tailored and resonates.

There is a vital revolution going on in the digital world, and Cardlytics is at the heart.

ATLANTA, GA – May 5, 2021 – Cardlytics (NASDAQ: CDLX), one of the largest digital advertising platforms, announced today the completion of its acquisition of Bridg, a customer data platform. Previously announced on April 13, the acquisition pairs Cardlytics’ advertising platform, with visibility into one in every two card swipes in the U.S., with Bridg’s enhanced SKU-level insights. Together, the combined capabilities are expected to power a more comprehensive view of consumer purchase behavior, accelerating the creation of a holistic, results-driven, self-serve, always-on advertising solution for brands.

“With the loss of third-party cookies on the horizon, now more than ever it’s imperative for brands to have trusted partners who take a privacy-first approach while also delivering deep, robust first-party consumer insights,” said Lynne Laube, chief executive officer and co-founder of Cardlytics. “Not only does Bridg give Cardlytics’ advertisers the ability to understand consumer purchase behavior down to the product level, but it does so with shared consumer privacy best practices at the forefront.”

Cardlytics acquired Bridg for approximately $350 million in cash at closing. In addition, Cardlytics has agreed to make two potential earnout payments in cash and stock on the first and second anniversary of the closing based on Bridg’s U.S. annualized revenue run rate. Cardlytics expects these payments could equal approximately $100 million to $300 million in the aggregate.

This transaction was Cardlytics’ second acquisition this year. The first acquisition of Dosh, based in Austin, Texas, closed on March 5, 2021.

About Cardlytics

Cardlytics (NASDAQ: CDLX) is a digital advertising platform. We partner with financial institutions to run their banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach, and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, San Francisco, Austin, and Visakhapatnam. Learn more at www.cardlytics.com.

ir@cardlytics.com

The ink has only just dried on our first ever acquisition and we’re excited to announce our second! Bridg, a Los Angeles-based customer data platform, is the latest company to join our ranks. I spoke with Lynne Laube, CEO and co-founder of Cardlytics, as she explains why bringing Bridg on board is critical to our growth and how this deal could change the landscape of digital advertising.

AA: Here we are again, only weeks after announcing our acquisition of Dosh. Things at Cardlytics are moving fast! What can you tell us about Bridg?

LL: Bridg is truly unique. They’ve developed a technologically sophisticated platform that uses SKU-level product insights to empower marketers to better understand and reach their customers. Their cloud-based customer data platform is used by retailers and consumer packaged goods marketers for a wide range of applications, including analyzing customer behavior, marketing on digital platforms, and measuring the effectiveness of their business strategies, while following consumer privacy best practices.

AA: Two acquisitions in two months is no small feat. Why Bridg and why now?

LL: This really is an exciting time at Cardlytics.

Bridg has spent years building a tech platform that can personalize an individual customer’s shopping experience by applying machine learning algorithms that can show us their unique purchases while still protecting their privacy. In short, they see what we cannot. With the acquisition of Bridg, over time, we can combine our transaction level data with SKU-level insights to offer an even clearer picture of an individual customer’s purchase behavior.

This level of detail is incredibly powerful for both our financial partners and our advertisers.

AA: Can you explain how the Bridg platform supports our work?

LL: Their platform is the first of its kind to engage retailers and customers without the use of loyalty programs or receipt scanning. They can connect to 90% of point-of-sale systems in the United States and can ingest, categorize, and clean SKU data to create usable insights. Cardlytics currently has more than 168 million monthly active users. Adding Bridg to our business plays a key role in expanding the Cardlytics advertising platform into a holistic results-driven, self-serve, always-on solution for marketers.

AA: What should advertiser and bank partners know about this acquisition?

LL: Since the beginning, the Cardlytics vision has been to have a broad view into consumer spend with a detailed understanding of a customer’s individual product preference. This acquisition means we will be able to expand reach across retailers, gain product-level insights, and give marketers a comprehensive view of customer purchase behavior. On the bank side, we will work with our financial institution partners to integrate Bridg into future customer offerings so that they can convert this data into offers relevant to their clients. And all this will continue to be done through a privacy-first, brand-safe platform, which is incredible.

AA: What is the long-term plan for CDLX growth?

LL: We’re building something really special here. We have been working towards driving change in the industry for a while now and we are excited about what’s to come. By bringing both Dosh and Bridg on board we’re transforming the digital advertising landscape as we know it by offering advertisers a one-of-a-kind look at consumer spending while also offering our bank partners valuable incentives for their customers. It’s truly a win-win-win.

Atlanta, GA – May 4, 2021 – Cardlytics, Inc. (NASDAQ: CDLX), an advertising platform in banks' digital channels, today announced financial results for the first quarter ended March 31, 2021. Supplemental information is available on the Investor Relations section of the Cardlytics' website at http://ir.cardlytics.com/.

“We had a strong start to the year with Q1 billings and revenue exceeding our expectations. Our results reflect a continued positive trajectory in our business,” said Lynne Laube, CEO & Co-Founder of Cardlytics. “The Dosh acquisition is already proving out our acquisition thesis and we believe the upcoming Bridg acquisition has the potential to be transformational given its technology and unique position in the CDP market."

“We are extremely pleased with our results in Q1, which marked our return to year-over-year growth,” said Andy Christiansen, CFO of Cardlytics. “Our legacy business is strong and has a lot of momentum, and the acquisitions of Dosh and Bridg will not only sustain that momentum for years to come, but will also open up new avenues for future growth.”

First Quarter 2021 Financial Results

• Revenue was $53.2 million, an increase of 17% year-over-year, compared to $45.5 million in the first quarter of 2020.
• Billings, a non-GAAP metric, was $76.3 million, an increase of 13% year-over-year, compared to $67.8 million in the first quarter of 2020.
• Gross profit was $19.5 million, an increase of 22% year-over-year, compared to $16.0 million in the first quarter of 2020.
• Adjusted contribution, a non-GAAP metric, was $24.3 million, an increase of 19% year-over-year, compared to $20.4 million in the first quarter of 2020.
• Net loss attributable to common stockholders was $(24.9) million, or $(0.85) per diluted share, based on 29.3 million weighted-average common shares outstanding, compared to a net loss attributable to common stockholders of $(13.5) million, or $(0.51) per diluted share, based on 26.7 million weighted-average common shares outstanding in the first quarter of 2020.
• Non-GAAP net loss was $(9.9) million, or $(0.34) per diluted share, based on 29.3 million weighted-average common shares outstanding, compared to a non-GAAP net loss of $(7.0) million, or $(0.26) per diluted share, based on 26.7 million weighted-average common shares outstanding in the first quarter of 2020.
• Adjusted EBITDA, a non-GAAP metric, was a loss of $(3.9) million compared to a loss of $(4.0) million in the first quarter of 2020.

Key Metrics

• MAUs were 168.6 million, an increase of 20%, compared to 140.8 million in the first quarter of 2020.
• ARPU was $0.32 in the first quarter of both 2020 and 2021.

Definitions of MAUs and ARPU are included below under the caption “Non-GAAP Measures and Other Performance Metrics.”

Second Quarter and Full Year 2021 Financial Expectations

Cardlytics anticipates billings, revenue, and adjusted contribution to be in the following ranges (in millions):

 Q2 2021 Guidance FY 2021 GuidanceBillings⁽¹⁾ $85.0 - $95.0  $380.0 - $420.0Revenue $58.0 - $65.0  $260.0 - $285.0Adjusted contribution⁽²⁾$26.0 - $30.0 $117.5 - $132.5

• A reconciliation of billings to GAAP revenue on a forward-looking basis is presented below under the heading "Reconciliation of Forecasted GAAP Revenue to Billings."
• A reconciliation of adjusted contribution to GAAP gross profit on a forward-looking basis is not available without unreasonable efforts due to the high variability, complexity and low visibility with respect to the items excluded from this non-GAAP measure.

Earnings Teleconference Information

Cardlytics will discuss its first quarter 2021 financial results during a teleconference today, May 4, 2021, at 5:00 PM ET / 2:00 PM PT. The conference call can be accessed at (877) 407-3982 (domestic) or (201) 493-6780 (international), conference ID# 13719188. A replay of the conference call will be available through 8:00 PM ET / 5:00 PM PT on May 11, 2021 at (844) 512-2921 (domestic) or (412) 317-6671 (international). The replay passcode is 13719188. The call will also be broadcast simultaneously at http://ir.cardlytics.com/. Following the completion of the call, a recorded replay of the webcast will be available on Cardlytics’ website.

About Cardlytics

Cardlytics (NASDAQ: CDLX) is a digital advertising platform. We partner with financial institutions to run their banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach, and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, San Francisco, Austin and Visakhapatnam. In March 2021, Cardlytics acquired Dosh, a transaction-based advertising platform, and has entered into a definitive agreement to acquire Bridg, a customer data platform. Learn more at www.cardlytics.com.